ARDL: An R Package for ARDL Models and Cointegration
This paper presents the ARDL package for the statistical language R, demonstrating its main functionalities in a step by step guide. Some of its main advantages over other related R packages are the intuitive API, and the fact that includes many important features missing from other packages that are essential for an in depth analysis. Additionally, it
Kleanthis Natsiopoulos +1 more
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Bootstrap cointegration tests in ARDL models
The paper proposes a new bootstrap approach to the Pesaran, Shin and Smith's bound tests in a conditional equilibrium correction model with the aim to overcome some typical drawbacks of the latter, such as inconclusive inference and distortion in size.
Bertelli S., Vacca G., Zoia M.
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The effect of Sectoral output Volatility on Economic growth in Ethiopia
This study examined the effect of sectoral output volatility on economic growth and the determinants of economic growth in the Ethiopian economy. The study used annual time series data spanning from 1981 to 2018 and included capital stock, working-age ...
Adisu Abebaw Degu
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Private consumption expenditures, which constitute more than half of the real gross domestic product, are significant for the macroeconomy. The primary purpose of this study is to investigate the effects of plastic card expenditures, gross domestic ...
Serkan Göksu
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Revisiting the Validity of Phillips Curve in Nigeria: An ARDL Approach [PDF]
It is evident that in Nigeria inflation and unemployment are growing simultaneously and pose a serious question in terms of the validity of the Phillips curve in Nigeria.
Yakubu EGDE +3 more
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The food import: International tourism nexus in Croatia: An application of the ARDL and NARDL approach and causality [PDF]
The purpose of this study is to examine the relationship between food import dependency and the international tourist arrivals in Croatia during the period spanning 1969-2018.
Šergo Zdravko, Gržinić Jasmina
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Exchange Rate Regimes, Foreign Exchange Volatility and Export Performance in Central and Eastern Europe: Just Another Blur Project? [PDF]
This paper attempts to analyze the direct impact of exchange rate volatility on the export performance of ten Central and Eastern European transition economies as well as its indirect impact via changes in exchange rate regimes.
Morales-Zumaquero, Amalia +1 more
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Financial Development and Inflation-Unemployment Trade-off: Empirical Evidence from Developing and Developed Countries [PDF]
In the growing literature on “Maco-Financial Economics” it is important to consider financial development as a supply-side policy and investigate its effects on macroeconomic variables such as economic growth, inflation, and unemployment.
Mohammad Ali Aboutorabi +2 more
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Equilibrium Exchange Rates in Southeastern Europe, Russia, Ukraine and Turkey: Healthy or (Dutch) Diseased? [PDF]
This paper investigates the equilibrium exchange rates of three Southeastern European countries (Bulgaria, Croatia and Romania), of two CIS economies (Russia and Ukraine) and of Turkey.
Égert, Balázs
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The effect of transitioning to renewable energy consumption on the Nigerian oil and gas exports:an ARDL approach [PDF]
PurposeNet energy importing countries (NEICs) pursue strategic policies to reduce the consumption of energy from conventional sources and increase that of renewable energy to attain energy security and sustainable development.
Hassan, Aminu +2 more
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